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More Biofuels Means Lower Gas Prices

April 18, 2022

BY Emily Skor

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Senate Ag Committee releases draft Farm Bill

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By Erin Krueger

5 minutes ago

Policy Business 

The Senate Ag Committee on June 23 released a Farm Bill 2.0 discussion draft. The legislation includes a major revamp of the Section 9003 loan guarantee program, including language allowing grants of up to $10 million for certain eligible projects.

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Louisiana Gov. Jeff Landry on June 1 signed a bill that aims to boost development of the state’s wood pellet manufacturing industry. The bill was unanimously approved by both the Louisiana House and Senate in May.

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The U.S. EPA on June 18 released data showing nearly 2.02 billion RINs were generated under the RFS in May, up nearly 4% when compared to the same month of last year. Total RIN generation for the first five months of 2026 reached 9.66 billion.

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The U.S. EPA on June 18 released updated Renewable Fuel Standard data, reporting that no new small refinery exemption (SRE) petitions were filed under the program during the past month. A total of 40 SRE petitions remain pending.

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Data released by the U.S. EPA on June 18 indicates D4, D5 and D6 RINs were trading at significantly higher prices in May 2026 than they were one year ago. The average price of D3 RINs was down slightly.

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